A prominent Louisiana shipbuilder, political donor and philanthropist has become the largest shareholder of a Little Rock dispensary after state regulators approved the change of ownership at their meeting on Thursday.
Donald Thomas “Boysie” Bollinger, listed as part of CC Medicinal Retail LLC on the ownership documents, became a 25.51% owner of Capital City Medical LLC, the legal entity that owns the dispensary known as Good Day Farm at 900 S. Rodney Parham Road.
Previously, Ann Marie Gray and Lauren Steel each owned 30% of the business and Little Rock lawyers Alex Gray and Nate Steel each owned 20%. Now, the Grays and Steels own less than 2% of the business and 15 other individuals own the remaining amount. The dispensary received approval last year to move to 11600 Chenal Parkway near the The Purple Cow restaurant.
From 1985 to 2014, Bollinger served as chief executive of Bollinger Shipyards, which was founded by his father in 1946. Bollinger grew the business in Lockport, Louisiana, into the largest privately owned shipyard in the United States, according to the company’s website.
In addition to his business success, Bollinger is a prominent Louisiana political donor and philanthropist. Bollinger served as the finance co-chair of